SEC member’s vote doesn’t match image

Aguilar thwarted effort to tighten rules for fund

WASHINGTON — Luis A. Aguilar, one of five members of the Securities and Exchange Commission, is generally known as one of the commission’s strongest advocates for tougher oversight of the securities industry. In public statements this year, he has pushed the SEC to be more aggressive, contending the commission was not protecting investors assiduously enough.

But last week, Aguilar derailed one of the most significant current efforts to tighten regulations on the financial industry.

BostonGlobe.com complimentary digital access has been provided to you, without a subscription, for free starting today and ending in 14 days. After the free trial period, your free BostonGlobe.com digital access will stop immediately unless you sign up for BostonGlobe.com digital subscription. Current print and digital subscribers are not eligible for the free trial.

Thanks & Welcome to Globe.com

You now have unlimited access for the next two weeks.

BostonGlobe.com complimentary digital access has been provided to you, without a subscription, for free starting today and ending in 14 days. After the free trial period, your free BostonGlobe.com digital access will stop immediately unless you sign up for BostonGlobe.com digital subscription. Current print and digital subscribers are not eligible for the free trial.